MPL 2 Wheelers Private Limited
About MPL 2 Wheelers Private Limited
Data last updated:
MPL 2 Wheelers Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Mpl Cars Private Limited. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the automobile dealership and trading segment of the automotive sector. It was incorporated on 15 September 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U50404TN2011PTC082348. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹7.25 Cr and a paid-up capital of ₹3.5 Cr. It was led by directors Singaravelu Ravindranathan and Shanmuganathan Krishnan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Chennai, Tamil Nadu.
As per the financials filed for FY 2018, the company reported a revenue of ₹16,000, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2 Cr and EBITDA of -₹43.62 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 75% over three years.
The company had about 28 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹3.8 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
MPL 2 Wheelers Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.6 F1 Abul Regency South Mada Street Srinagar Colony Said, Apet, Chennai, Tamil Nadu, India – 600015
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of MPL 2 Wheelers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of MPL 2 Wheelers is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of MPL 2 Wheelers Private Limited, buy the company report.
Financials of MPL 2 Wheelers Private Limited
FY 2018 filings availableMPL 2 Wheelers Private Limited reported revenue of ₹16,000 (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 75% over three years. EBITDA rose 86% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹16,000 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹43.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of MPL 2 Wheelers Private Limited, buy the company report.
Board of directors of MPL 2 Wheelers Private Limited
MPL 2 Wheelers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Singaravelu Ravindranathan | Director | 15 Sep 2011 | 15 Years 1 Months | As last reported |
| Shanmuganathan Krishnan Also directs: MPL Adventure Sports Vehicles Private Limited | Additional Director | 15 Apr 2019 | 7 Years 6 Months | As last reported |
Peer comparison
MPL 2 Wheelers Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cfi Ventures Private Limited | ₹17,425 (FY 2025) | -99.0% | Chandigarh, India | |||
| S.R.K Motors India Private Limited | ₹16,400 (FY 2022) | -63.0% | Palani, Tamil Nadu, India | |||
| MPL 2 Wheelers Private Limitedthis company | ₹16,000 (FY 2018) | -₹2 Cr | -100.0% | 28 | Chennai, Tamil Nadu, India | |
| Balbir Motors Private Limited | ₹15,643 (FY 2024) | 2164.0% | New Delhi, Delhi, India |
To see the full peer comparison of MPL 2 Wheelers Private Limited, buy the company report.
Auditor
MPL 2 Wheelers Private Limited is audited by ESSVEEYAR for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ESSVEEYAR | FY 2018 | 000808S |
Shareholding
The shareholding of MPL 2 Wheelers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of MPL 2 Wheelers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2015 | 10555371 | Icici Bank Limited | ₹3.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
MPL 2 Wheelers Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Insolvency matter | Filed against the company by Sundaram BNP Paribas Home Finance Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by Ms. Icici Bank Ltd Through Its Manager and Authorised Signatory K. Senthilkumar | Disposed |
To see the full case history of MPL 2 Wheelers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MPL 2 Wheelers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
MPL 2 Wheelers has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
Employees & EPFO
MPL 2 Wheelers Private Limited has a workforce of 28 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
MPL 2 Wheelers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of MPL 2 Wheelers Private Limited, buy the company report.
Recent activity
MPL 2 Wheelers Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Gauthama Sankar ceased to be Director on 15 Apr 2019.
Frequently asked questions
MPL 2 Wheelers has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
MPL 2 Wheelers was a private limited company based in Chennai, Tamil Nadu, India. The company worked in auto dealership and trading, within the automotive industry. It was incorporated on 15 September 2011 and is registered under CIN U50404TN2011PTC082348. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
MPL 2 Wheelers was incorporated on 15 September 2011. It is registered with the Registrar of Companies, Chennai.
MPL 2 Wheelers had 2 directors:
- Singaravelu Ravindranathan - Director
- Shanmuganathan Krishnan - Additional Director
The CIN (Corporate Identification Number) of MPL 2 Wheelers is U50404TN2011PTC082348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MPL 2 Wheelers is at No.6 F1 Abul Regency South Mada Street Srinagar Colony Said, Apet, Chennai, Tamil Nadu, India – 600015.
The latest financial statements of MPL 2 Wheelers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. MPL 2 Wheelers has 1 GST registration on record and it is cancelled or inactive.
MPL 2 Wheelers operated in the automotive industry, in the auto dealership and trading segment.
The peers of MPL 2 Wheelers by revenue are Cfi Ventures Private Limited, S.R.K Motors India Private Limited, Balbir Motors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
MPL 2 Wheelers has 2 court cases on record: 2 filed against it. Most are in the district courts.
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